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Bean Group
Offered at $2,699,000Pending
beds
—
baths
—
sq ft
—
Built
1929

315-321 Union St

Rockland, MA 02370

About this home

Exceptional mixed-use investment opportunity in the heart of Rockland! This well-maintained property features 8 residential units (4 two-bedroom and 4 one-bedroom apartments) plus 2 fully leased commercial spaces, delivering strong, immediate cash flow. The property is 100% occupied with outstanding long-term tenants who take pride in their units and would love to remain. A well-established restaurant serves as the anchor commercial tenant, while the second commercial space is also leased, providing a stable and diversified income stream. Residential units feature granite countertops, stainless steel appliances, and high ceilings. Recent improvements include updated plumbing and electrical, a full sprinkler system, a 2-year-old permitted rubber roof, mini-splits in select units, and high-efficiency boilers. Located in the DRROD district with excellent future development potential (buyer to perform due diligence).

Listing last checked: Listing updated:

Listed by Andrea Aro · Benny's Realty Group · MLS #73546854

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Details at a glance

Interior1 property facts
Basement
Not reported
Building2 property facts
Style
Other
Year built
1929
Land & utilities3 property facts
Lot size
0.21 acres
Pool
Not reported
Zoning
BUSINE
Financial2 property facts
Annual taxes
$29,793
Assessment year
2026

Location

Estimated monthly cost

Explore costs at the $2,699,000 asking price. Adjust the assumptions to your situation.

Known monthly costs$16,130 / monthAdjust
Principal & interest
$13,648
Property tax
$2,483
Insurance
Not entered
HOA
Not entered

Listing annual taxes: $29,793. Initial monthly tax is one twelfth of that amount. HOA amount was not supplied.

Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.

The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.

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About 315-321 Union St

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Request a tour of 315-321 Union St and a Bean Group agent will help coordinate an available time with the listing side.

Can you help me evaluate this property?

Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.

Are property documents available?

Availability varies by property and source. Request the documents you need and we will help obtain what is available.